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Red Deer Property Tax Rates

Alberta · Confirmed residential and multi-class mill rates for 2025, with the 10-year trend and how Red Deer stacks up against its province and the rest of Canada.

Residential rate 2025
9.90
mills · 0.99%
Year over year
+0.93
+10.4% vs 2024
vs AB average
11%
above the provincial average (2025)

Property tax rates by class (2025)

All confirmed 2025 mill rates for Red Deer. Rates are shown in mills and as a percentage of assessed value.

Property classMill rate% of value
Residential9.900.99%
Multi-Residential9.900.99%
Commercial28.502.85%
Industrial28.502.85%

Estimate your Red Deer property tax

Enter an assessed value to estimate the annual tax at Red Deer's confirmed 2025 rates.

per year

Estimate only, based on the municipal rate and provincial portioning; it excludes education and school levies and any local improvement charges. For full carrying costs, use the True Cost Calculator.

10-year residential rate trend

How Red Deer's residential mill rate has moved over the past decade.

YearResidential rateChange
20167.11
20177.22+0.11
20187.44+0.22
20197.55+0.11
20207.88+0.33
20218.11+0.23
20228.44+0.33
20238.66+0.22
20248.97+0.31
20259.90+0.93

Project your future Red Deer property tax

Estimate how your annual bill could move over the next several years as assessed values and the mill rate change. The mill-rate assumption is pre-filled from Red Deer's rate history where available; adjust any input to match your own outlook.

est. annual tax in
YearAssessed valueMill rateEst. annual tax

Illustrative projection only. It compounds your chosen assessment-growth and mill-rate assumptions from the confirmed 2025 base and excludes education and school levies and any local improvement charges. Actual rates are set each year by the municipality and assessments by the province. Not financial advice.

How Red Deer compares

In 2025, Red Deer's residential rate of 9.90 mills was 11% above the Alberta average (8.96) and 36% above the national average across the cities we track (7.28).

What the mill rate means

A mill rate of 9.90 means $9.90 of tax per $1,000 of assessed value (about 0.99%). Annual tax is assessed value × rate ÷ 1,000, before any provincial portioning. Use the True Cost Calculator for your exact figure.

Looking for assessment and appeal deadlines? See the Alberta key dates.

Red Deer property tax FAQ

How much is property tax in Red Deer?
Red Deer's confirmed 2025 residential mill rate is 9.90, or about 0.99% of assessed value. On a home assessed at $500,000 that works out to roughly $4,950 per year, before provincial education and school levies.
How is Red Deer property tax calculated?
Annual property tax is your assessed value multiplied by the mill rate and divided by 1,000. At Red Deer's 2025 residential rate of 9.90 mills, a $400,000 home would owe about $3,960 in municipal tax, before education levies.
When are Red Deer property taxes due?
Red Deer property taxes are typically due in June, with Calgary usually billing in late June. The exact due date is printed on your assessment or tax notice, so confirm it there each year.
Did Red Deer's property tax rate change in 2025?
The 2025 residential rate of 9.90 mills rose about 10.4% from the 2024 rate of 8.97. It remains above the 2023 level of 8.66.
How does Red Deer compare to other Alberta cities?
In 2025, Red Deer's residential rate of 9.90 mills was about 11% above the Alberta average of 8.96. Lower mill rates generally mean a smaller tax bill on a similarly valued home.

More Alberta property tax rates

Compare Red Deer with other Alberta municipalities we track.

See every Alberta rate on the Alberta property tax page, or browse the full By City directory.

Data reflects confirmed municipal tax bylaws; 2026 rates are added as each municipality finalizes them. Always verify current rates with Red Deer before making financial decisions. MillRate.ca aggregates publicly available municipal property tax rates for information only and is not affiliated with any municipality or assessment authority.